Answer:
a) Decrease LRAS
b) Decrease LRAS
c) Increase AD
d) Increase AD
Explanation:
steel workers go on strike so less steel is produced : this will cause a decrease in the log run aggregate supply of steel in the economy
A tornado destroys factories in Louisiana.: this will cause a decrease in the log run supply of factory products and by-products in the economy
Consumer optimism increases.leads to an increase in the aggregate demand curve
The stock market rallies to 52-week highs increasing consumer wealth. this will definitely lead to an increase in the aggregate demand curve because with more money to spend the demand curve will increase
Answer:
The correct answer is letter "C": marginal revenue equals marginal cost.
Explanation:
The profit-maximizing level of output for every type of firm is reached when the marginal revenue of production equals the marginal cost meaning that the additional cost of selling one more unit equals the cost of producing one more unit.
Marginal costs vary according to changes in production. Because of that, managers must identify when those events happen to calculate the profit margin (percentage sales that are converted into profits) of the firm to avoid losses.
Answer:
The cash award will be equal;l to $444422.01
Explanation:
We have given amount invested P = $440000
Rate of interest r = 8.3%
Time t = 1 year
As the amount is compounded on daily basis
We know that 1 year = 365 days
So rate of interest %
Time period n = 365
We know that final amount is equal to
So $
So the cash award will be equal;l to $444422.01
<span>The rules for the Roth early distribution are as follows :
Unless an exception applies, most distributions from a Roth IRA before the owner reaches age 59 1/2 will be subject to an "early withdrawal penalty" of 10% on the amount of the distribution. This is IF a person has kept the amount in the account for
his required five year tax period rule. If this condition has been met, the total penalty would be $ 2000.00</span>